Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Data (unaudited)

12. Quarterly Financial Data (unaudited)

Quarterly financial data for 2014 and 2013 was as follows:

(In millions, except per share data)
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Full Year
2014
Total revenue	$	1,234	$	1,253	$	1,263	$	1,316	$	5,066
Cost of processing and services		541		532		537		554		2,164
Cost of product		180		171		168		198		717
Selling, general and administrative expenses		242		243		243		247		975
Total expenses		963		946		948		999		3,856
Operating income		271		307		315		317		1,210
Income from continuing operations		168		166		239		181		754
Net income		168		166		239		181		754
Comprehensive income		174		171		231		175		751
Net income per share - continuing operations: (1)
Basic	$	0.66	$	0.66	$	0.96	$	0.75	$	3.04
Diluted	$	0.65	$	0.65	$	0.95	$	0.73	$	2.99
2013
Total revenue	$	1,152	$	1,198	$	1,201	$	1,263	$	4,814
Cost of processing and services		522		523		520		516		2,081
Cost of product		190		157		164		184		695
Selling, general and administrative expenses		229		245		237		266		977
Total expenses		941		925		921		966		3,753
Operating income		211		273		280		297		1,061
Income from continuing operations		117		152		161		220		650
Net income		117		151		159		221		648
Comprehensive income		115		146		163		224		648
Net income per share - continuing operations: (1)
Basic	$	0.44	$	0.57	$	0.62	$	0.85	$	2.48
Diluted	$	0.43	$	0.57	$	0.61	$	0.84	$	2.44

(1) Net income per share in each period is calculated using actual, unrounded amounts.